I saw the lackluster price movement in the morning despite the recent crude oil price trend & I sort suspected that there was more in store. Took a short afternoon siesta and when I woke up ... took some profit.

price movement seem to suggest an imminent good quarterly result in the offing... or pure trickery & manipulation to get others to buy this forsaken counter.

Looks like a gradual takeoff - i was thinking it would be vertical given its observed volatility

Houston! - we seem to have a problem lol

This is your captain speaking - Fasten your seat belts as the plane is about to take off

If they can maintain the quarterly EPS, then agreed with 10 as TP

Babu - TQ for your soothing insight. Agreed that Toto management is probably doing the best they can.

BTW I just learnt from Star report that Da Ma Cai (regulated by the Toto board) is allowed to accept online bets whilst Magnum & BToto regulated by Finance Ministry is not allowed - customers have to walk to the outlets. This is one big disadvantage.

I've got too many eggs in this bad basket.

share buy-back at 2.32 indicates management's confidence that the price is worth more. It's a good confidence booster to investors.

"It's ok to come down Petron - daddy is waiting to catch you!"

Unlikely pypw since that call warrant is way out-of-the-money with an exercise price of 3.10.

So maybe the source of this downward spiral is due to this related-party deal ...

http://www.theedgemarkets.com/article/berjaya-sports-toto-ups-stake-7eleven

Dividend = 3 sens but on ex-day, down 6 sens.

None of the board members & other key shareholders are selling. So who's selling?

aiyo x 3

Feel the awesome power of trade blocks - http://www.thestar.com.my/business/business-news/2017/07/17/malaysia-and-indonesia-may-take-eu-plan-to-curb-palm-oil-imports-to-wto/

I hope Cup & Handle = up haha

Agreed - That's the right benchmark

The main issue plaguing Batu Kawan and the like is the spinners giving a bad name to CPO from the health angle even though it's proven that it's neutral at worst. I consume the cooking oil at home. Obviously the Malaysian eateries use palm oil in their cooking as well. I eat out most of the time and at mid-50s I'm still alive.

Then they pick from the environmental angle. The lobbyists are going all out to paint a negative picture on CPO to probably help the soy industry. It appears that all these so-called good intentions has the same underlying motive - MONEY!

Amanah Saham Bumi has been disposing off chunks. Do they need the cash or have they lost faith in Apollo?

TQVM Swiftwind & Charles_cty

If someone can interpret the gist of what was reported in the chinese daily or else i shall assume that it's something bullish

Despite this poor performance, the Management Discussion & Analysis keeps painting a rosy picture - telling all and sundry about robust postpaid growth & solid EBITDA margins etc.

It's like somebody smelling shit & telling all - "mmmm ... smells really delicious. Can't wait to sink my teeth into it".

Am I alone on this view or are there others who agree?

I don't have the balls. Right now only motivated by fear.

We can agree to disagree but my finance background tells me that money has a time value and yields are by convention expressed on a per year basis.

F, F, F - WTF is happening to toto???

Generally the impact of lower pump prices is mitigated or compensated by lower crude prices.

Of course in a downward spiral the stock of crude acquired at a higher price have to be processed and sold based on lower crude prices. Maybe there's enough thickness in the margins; maybe they have been hedged away. There's just too many variables for any outsider to analyse the impact.

So the best thing to do is to pray that the management is doing the right thing and enjoy the ride.

A weak MYR is supposed to be good for Apollo. Extract of 31 Oct 2015 quarterly ....

"The Group’s pre-tax profit for the current quarter ended 31 October 2015 has increased by
RM7.468 million to RM14.491 million from RM7.023 million in the quarter ended 31 October 2014.
The increase in net profit was due to foreign exchange gain on the depreciation of Ringgit
Malaysia against USD dollar."

But now it's singing a different tune. Extract of the latest quarterly ....

The Group’s pre-tax profit had decreased by RM1.499 million from RM5.756 million in the
preceding quarter to RM4.257 million in this quarter. This was mainly due to higher operating costs
and lower foreign exchange gain incurred in this quarter.

Posted by ckkhen - At 5.10 with dividend of 25sen, dividend yield is 0.25/5.10% = 4.90%

Don't forget that since dividend is paid in 6 months and yield is expressed on a per annum basis, hence 4.9 x 2 = 9.8%

Buy at today's price of 5.10 & stand to make an annual dividend yield of 9.8% - Is this not good enough??

Pump price up 4 sen - $$$!.

Another tax event?

Every time I pick up this counter and think it cannot get any lower, it goes lower. This is my waterloo!

ED still swallowing gobs. I hope he doesn't get an indigestion haha

If it breaks 8 then it'll be up leaps & bounds

Sold some at 94, now irrespective up or down - i'll be happy

Yesterday, oddly yet to my delight, I saw a large crowd at the Toto outlet in Hartamas to the extent that they were queuing to place their bets. Probably a large jackpot draw is in the offing.

Yes ED Dato' Lawrence is scooping up a lot

I truly hope that you're right wltan22

Yup I'm counting my money

Looks like 21 Jun 2017 (announced on 28th) is EPF's first disposal after taking up millions of shares over the past couple of months

Bad results - they claim that cost of raw materials has gone up.

As far as I know, commodity prices like sugar and CPO have trended down a lot.

May be it's the dollar climb that has impoverished all of us - TQ politicians!

I bought at 7.19. I sure hope that your optimism is on a solid basis.

So TVT's buying is just a ruse to get the rest of us to buy as well.

Another shitty performance

Steep drop in crude oil prices. Retail sure to be revised downwards.

Getting crude for as low price as possible from hard negotiations / hedging is the key to prosperity but it's difficult to achieve that.

When the share price of this co moves, it moves by leaps & bounds up or down as the case may be.

Likewise with bated breadth

Dead line for announcement is before 30 Jun

This counter cannot sustain its erection

Anyway I'll be going to the AGM to sweep the food & drinks into my mouth and plastic bag - that my friends is how you increase your yield from this stock!